Apply KYT Service
Function Introduction
After completing the KYT (Know Your Transaction) configuration, the system will automatically process transaction orders that match the KYT rules based on your settings. You can view the transaction results through the KYT service. If certain transactions require manual approval, you can go to the task list to view and handle the relevant KYT tasks.
1.The system cannot actually prevent high-risk deposit funds from being broadcasted and recorded on the blockchain at the blockchain level. The platform will fulfill its notification obligations and require clients to understand and take appropriate actions based on the specific risk information provided by the KYT service provider.
2.Please ensure that KYT manual reviews are completed in a timely manner. If there are any pending KYT review tasks for a wallet, the transaction activities of that wallet will be restricted.
Operation Procedure
View KYT Orders
View in KYT-KYT Orders
You can view all KYT orders under your current workspace in KYT-KYT Orders.
View Details
Click on the order to view order details.
View in Transaction Information
Your KYT-verified orders will also be displayed in the transaction information.
Handle KYT To-Do
View in To-Do
You can view the KYT to-do items that need to be handled in To-Do.
KYT Status
KYT (Know Your Transaction) includes the following statuses:
KYT Verification in Progress:
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Verification in Progress: Your business has created a KYT order and submitted it to the KYT service provider, and it is currently being verified. You need to wait for the service provider to return the verification result.
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Verification Timeout: The KYT verification submitted by your business has timed out, and the system will generate a KYT verification timeout task.
KYT Manual Processing:
- If your configured receipt processing method is ‘Manual Processing,’ and the deposit order reaches your configured alert level, the order status will be KYT Manual Processing. You need to confirm and handle this task in the to-do list. If not handled, to ensure fund security, this token in the wallet will be intercepted from withdrawal and collection.
KYT Rejection:
- If your configured withdrawal processing method is ‘Reject Withdrawal,’ and the withdrawal order reaches your configured alert level, the order will be directly rejected. This status is the final state of the order.
Frequently Asked Questions
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